Comprehensive carbon stock and flow accounting: A national framework to support climate change mitigation policy

Judith I. Ajani, Heather Keith, Margaret Blakers, Brendan G. Mackey and Helen P. King

Ecological Economics, 2013, vol. 89, issue C, 61-72

Abstract: Greenhouse gas (GHG) inventories underpinning the United Nations Framework Convention on Climate Change (UNFCCC) and Kyoto Protocol report each country's net annual emissions, that is GHG flows. Yet the UNFCCC's goal is defined as a stock (atmospheric GHG concentration). Flow inventories are apt for the fossil fuel sector where flows are effectively one way, stock changes are almost entirely anthropogenic, and stocks are stable in the absence of human perturbation. For the land sector, flow-based GHG inventories obscure fundamental differences between ecosystems: in their carbon stock stability, restoration capacity, and density. This paper presents a national carbon accounting framework that is comprehensive and includes stocks as well as flows for reservoirs, lands and activities continuously over time. It complements current flow-based inventories under the UNFCCC and Kyoto Protocol. The framework differentiates reservoirs by their role in the global carbon cycle, distinguishing between geocarbon (carbon in the geosphere), biocarbon (carbon in the biosphere) and anthropogenic carbon (stockpiles, products and waste). A reservoir ranking system is proposed based on longevity, reversibility of carbon loss, and carbon density. This framework will support policy makers and researchers grappling with mitigation strategies and competing demands on agricultural land and natural ecosystems.

Keywords: Carbon accounting; Carbon stocks; Carbon carrying capacity; Offsetting; Geocarbon; Biocarbon (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S092180091300030X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:89:y:2013:i:c:p:61-72

DOI: 10.1016/j.ecolecon.2013.01.010

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().